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Search Results 0 to 27 of about 28 (some duplicates have been removed)
're with us, i'm jenna lee. jon: and i'm jon scott. new developments in the drama that grips capitol hill and the white house. dueling plans are out now on raising the limit to our nation's credit card and reducing the deficit. wendall goler, our senior foreign affairs correspondent, is live on the north lawn. wendall? >> reporter: jon, starting today house republicans will begin trying to sell their proposal to cut the deficit and raise the debt ceiling to democrats, and if they don't, democrats in the senate will then try and sell their plan to republicans. the chairman of the president's national economic council says mr. obama's address to the nation last night was a warning that democrats and republicans aren't even close. >> what the president was trying to do was let people know that we really are at a stalemate, that we have, that nothing is coming out of congress that is likely to pass be both houses and that this is a time where we as a country have to come together and have compromise and have bipartisanship. >> reporter: saturday was the last time the president and can congres
you. jon: we still have debt deadlock on capitol hill with the default deadline just eight days away now. congressional leaders are still struggling to hammer out some kind of a deal, one that would raise the limit on our nation's credit card while cutting trillions of dollars in spending. house speaker john boehner may unveil his own bill today. harry reid said it would be a nonstarter. wendell goler is live on the north lawn with more. >> reporter: speaker boehner's plan would take the spending cuts agreed to before talks with vice joe biden broke down and raise the debt ceiling a little less than that. it would satisfy the speakers bottom line which is cutting spending more than the debt ceiling is raids but we'd have to go through this all over again by the end of the year. the speaker said yesterday it would solve the immediate crisis. >> there is going to be a two-stage process. it's not physically possible to do all of this in one step. having said that, chris, i know the president is worried about his next election, but my god shouldn't we be worried about the country? >> rep
. it was believed they forged a partnership, but jon karl is in washington, and the speaker fired off a letter just before we came on the air tonight? >> reporter: that's right. the speaker and the president were on the verge of an historic deal that would have cut spending by $3.5 trillion, dealt with the debt crisis and raised that debt ceiling. now, the speaker has fired off this letter to all the members of the house, saying the deal, the talks are over. he says it has become evident that the white house is simply not serious about ending the spending binge. in the end, the speaker writes, we could not connect. i'm told this broke down over a disagreement over how much to raise tax revenues. >> and jon, you know it wasn't long after we learned that this letter was coming that the president said he was going to fire back then, too. here's what the president just said, we'll get your reaction herere >> we have run out of time and they are going to have to explain to me how it is that we are going to avoid default. and they can come up with any plans s at they want and bring them up here and we wi
will give you the last word. your sense of the future of chinese-u.s. relations, now that jon huntsman is in the race, we will not know what will happen with a republic abomination. my sense is that china will be higher up, whatever that means on the political agenda, over the next couple of years as we move towards the race to the white house. >> things will be very choppy. there are a bunch of people in washington and beijing doing their utmost best to make sure it does not get out of control. we will have a lot of mistrust, statements, some politically motivated -- >tavis: anti-china rhetoric. >> we should take a look at that. they are feeling that they now have the right to say something. tavis: john chan, a one to thank you for coming on. janet, it was good to have you one as well. i enjoyed my trip there as well. i have enjoyed this week of shows and our all-star panel tonight. that is our show tonight on china. see you next time on pbs. until then, good night, los angeles. as always, keep the faith. >> for more information on today's show, visits tavis smiley at pbs.org. tavis:
question. christiane, thanks to you. and tomorrow on "this week," arizona republican senator, jon kyl, among the guests. intimately involved in those behind-the-scenes talks. >>> we turn overseas tonight and to a cry for help from one of the most desperate places on earth. hundreds of thousands of families, mothers and children, fleeing the drought in somalia. abc news is the first network to report from the scene. tonight, our lama hasan reports on the disaster in the desert. she's in kenya, at a refugee camp bursting at the seams tonight. >> reporter: they are exhausted. starving and desperate for help. >> the drought is turning one of the world's worst humanitarian crises into a human tragedy of unimaginable proportion. >> reporter: these families are carrying only what they can. their malnourished kids. they have survived an agonizing journey. little food or water, through dusty, desolate land. >> our children are dying. this one just died in my arms. >> reporter: these somali refugees have just arrived here. they've been walking for weeks get food and water. at a nearby camp, we
security check riding on the outcome. abc's jon karl joins us now, from washington, with the latest. what about it? how close are we finally to a deal? >> reporter: getting close to a deal with the house speaker, john boehner. the outlines of this deal include up to $3 trillion in spending cuts over the next ten years including some cuts to popular entitlement programs like medicare and social security. also, elizabeth, it would include a promise or a commitment that congress would bring more money in through tax revenues by reforming the code, closing some of those loopholes. that's something that congress would act on over this last year. >> that last one, isn't that disguise? a tax increase in >> reporter: well, certainly some will call it that. the rates won't go up. congress would have to act over the next year. if they didn't ago, automatic steps would be taken that both sides wouldn't like which would be tax hikes and spending cuts. possibly, elizabeth, they're talking about repealing part of the health care bill. >> even if president obama and speaker boehner reach a deal they hav
following overnight but democrats and republicans seem no closer to a deal. abc's jon karl is covering it from capitol hill. we are seeing fire from the house speaker. >> reporter: we sure are. this vote today on his debt ceiling plan is the highest-stakes vote of his term as speaker of the house, and he is doing everything he can to get those tea partyers in line. john boehner is now demanding republicans stand with their party. in a closed door meeting he had a stern message for tea partyers who just don't like his debt ceiling plan. boehner told them get your ass in line. sources at the meeting tell abc news, a day after another republican leader attempted to rally the troops with a clip from the movie "the town." >> i need your help. i can't tell you what it is. you can never ask me about it later and we're going to hurt some people. >> which car are we going to ta take? >> reporter: allen west liked what he heard. >> i told him i would drive the car. >> they could have used "rudy," "hoosiers," "band of brothers" but this is the movie they decided on. >> reporter: maybe they can us
sarah palin. jonathan karl is in washington and has more on all this. good morning, jon. >> reporter: good morning, robin. there is no presidential candidate with more momentum right now than michele bachmann. ♪ my home in -- >> reporter: no republican presidential candidate has taken a harder line on the debt ceiling showdown than michele bachmann. >> we were all shocked and appalled that president obamama dangled out in front of the cameras that senior citizens may not get their checks. that's a very dangerous statement to make. we don't believe -- excuse me. excuse me. we don't believe that for a moment. >> reporter: tough talk from bachmann is nothing new but she now speaks with new-found authority as a top tier contender for the republican presidential nomination. a new national poll puts bachmann firmly in second place as the leading challenger to front-runner mitt romney. and in key first caucus state iowa, three separate polls over the past week put bachmann in first place. >> republican primary voters are looking for somebody who has -- brings some
congressional leaders are trying to reach a deal before the nation defaults on its loans. house speaker jon weiner may announce a plan by this afternoon to head off negative effects that could happen when the asian markets open on monday. now, he's seeking a deal to raise the debt ceiling and cut spending by equal amounts. top democrats, including president obama, say they will not support a proposal that does not solve the debt ceiling problem through 2012. >> everyone is going to have to be willing to compromise, otherwise, we will never get anything done. >> the american people have long since said it had to quit spending money we don't have. >> white house and congressional officials say that several proposals are still being discussed. >> well, that's certainly an ugly mess. a lot of people are frustrated over the deadlock. congressman pete stark addressed concerns during a town hall meeting in alameda and yesterday. one of the people came -- one of the biggest worries was what would happen to programs that congress can't hammer out? >> a lot of people living on social security and tha
-rights. >>> mime republican jon huntsman led a motorcycle ride through the salt lake valley this weekend. huntsman is focusing his early efforts on new hampshire. the former ambassador to china is touting his fiscal conservatism credentials. >>> democrats and republicans seemed to agree that the debt limit needs to be raised, but there was not much common ground about issues surrounding the federal budget ability the us economy. >> every leader sitting down with the president said we cannot default on america's debt. if we call into question the full faith and credit of the united states for the first time in your history, interest rates will go up and this recession will get worse. >> i don't have any confidence that anything that republican or democratic leaders is going to lead to the solutions. ill am looking for a win-win and a way to raise the debt ceil and we need to, but we need to address fundamentally what got us into debt. >> one issue now being discussed involves a balanced budget amendment to the us constitution. >>> memorial may be the final day of the minnesota's government shut
in for jon scott. patti ann: i'm patti ann brown in for jenna lee, we are in the fox news room, "happening now", in the debt showdown, both sides digging in their heels before the debt defaults week away and the entire state of the u.s. economy hanging in the balance. now the president vows to keep calling meetings on cutting the the decifit and raising the limit on america's credit card until there is some sort of agreement. gregg: but the gop is standing firm against tax increases, while the president and democrats insist it has to be part of any equation that cuts benefit programs, for example, medicare, and house speaker john boehner, well now, he is squarely blaming the president, saying the debt limit is his problem, adding that the president talks a good game, but when it comes time to make these tough decisions, he can't quite pull the trigger. patti ann: and wendell goler right now is live at the white house with the very latest on the the debt debate. hi wendell. >> >> reporter: hi patti ann. it's going to be almost as hot in the cabinet room as it is out here, when the president
markets. let's get a reality check from abc's countdown team. jake tapper at the white house. jon karl on capitol hill. bianna golodryga from the new york stock exchange. looking at the asian and european markets overnight, there seems to be concern but not panic yet, bianna. >> reporter: that's right. wall street seems to be patient with washington. markets opening blower. just about 130 points lower. not the knee jerk reaction that people were fearful of. things are still at an impasse. even though the markets aren't selling off, people are concerned about what's still on the table a credit downgrade. the s&p says the u.s. could lose its aaa ratings in the next three months. that would mean that interest rates go higher. it would be more difficult for people to get a loan out there. and it could be a big burden for this economy, as we're just starting to recover. george? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. that has not happened. it seems, the only thing that everyone seems to be accepting th
it so far. jon huntsman says he doesn't sign any pledges. >>> the family of betty ford is making funeral arrangement for the former first lady. ford died yesterday at age 93. she is regarded a as an independent first lady known for her frankness. she spoke about -- out for abortion rights. the medical community also give hers credit for reducing the social stigma surrounding drug and alcohol addiction by admit to go her own battles with substance abuse. >> just the thought of being first lady can be very challenging, and it was. it was a demanding job, but it comes with no job description. >> ford entered rehab in 1978, for addiction to painkillers. she openly discussed her problem in public and opened the betty ford center in rancho mirage four years later. >>> president obama issued a statement praising mrs. ford and says -- service will be held next week. she will be buried in michigan next to her husband, former president gerald ford. >>> tomorrow congressional leaders will meet with president obama to continue negotiations to raise the nation's debt ceiling. and in this weekend's on
. probably talking about debt ceiling. here's where some of them are. jon huntsman is in salt lake city attending the national governor's association annual meeting. michele bachmann campaigning in iowa, making two stops and her cane cain will be in bermingham, alabama tonight giving the keynote address at the reagan/lincoln dinner. >>> a lot of people in this country, all eyes on the world cup final tomorrow. and cheering hard for those women, the usa team, but the rest of the world may be cheering for usa's opponent. we'll explain. it's 35 minutes past the hour. they said i couldn't fight above my weight class. but i did. they said i couldn't get elected to congress. but i did. ♪ sometimes when we touch ha ha! millions of hits! [ male announcer ] flick, stack, and move between active apps seamlessly. only on the new hp touchpad with webos. a complete four-course seafood feast for $15. start with soup, then have salad and biscuits followed by 1 of 7 delicious entrees and finish with something sweet. all for just $15. ending soon, at red lobster. with less chronic low back pain. imagi
and there is still no agreement on what to do. sounds like a broken record. >> absolutely. as abc's jon karl reports it's not just democrats versus republicans, it's republicans versus republicans. >> reporter: john boehner is cracking the whip. he convened a meeting of all 240 house republicans today. sources who were there tell abc he had a blunt message for tea partyers. get your ass in line, he said, i can't do this job unless you are behind me. >> get you guys in line? >> we are a team, we are about trying to move the country forward. >> reporter: the tough talk does appear to be working. but it's not an easy sell. some of the tea partyers still just don't believe those dire warnings about government default. >> armageddon happens at midnight, august 3, is not the case, it is not true. >> reporter: kevin mccarthy, the third ranking republican in the house, urged republicans to unite behind boehner's plan by showing this clip from "the town." >> i need your help. i can't tell you what it is, you can never ask me about it later, we're going to hurt some people. >> which car we going to take? >> r
negotiation and now it's devolved into jon and kate gosselin fighting over who gets the toaster oven. >> they accused of president obama of hiding in the basement over debt ceiling talks. joe biden accused of president obama of locking him in the basement. stay down there. >> i heard if we don't raise the debt limit, the debt ceiling we could lose our aaa rating. yeah. and i said for the love of god, why doesn't the auto club mind their own damned business. >> i guess that's one benefit to this insanity happening in washington it's so frustrating the american people it is fantastic fodder for late night. >> they got plenty of material. he talks about aaa, they ought to get this settled, drive people to -- this is we're talking seriously -- >> a mess. >> it is. something that's got to get done. i mean that on a searups note. this is affecting a lot of, going to take a lot of people on a lot of levels. the level of frustration has gotten to a point where it's at a fever pitch. let's go d.c., get something done. >> it's politics. >> we will continue to follow it for you, that is the goo
lights, michael c. hall, dexter, jon hamm, mad men, hugh laurie, house, and timothy olyphant, justified. >> no outstanding mini series or movie, the nominees are cinema, the kennedys, mildred pierce, the pillars of the earth, and too big to fail. >> the nomnys for lead actress in a mine any series or movie are henson, taken from me, the difference an any rubin story. diane lane, jean marsh, upstairs downstairs masterpiece, elizabeth mcgovern, masterpiece. and kate winslet, mildred pierce. >> the nominees for lead actor in a mini series or movie are alba, luther. lawrence fishburne, william hurt, too big to fail. greg kinnear, the kennedys. barry pepper, the kennedys. and edgar ramirez, carlos. >> the nomnys for outstanding host for a reality or reality competition program are tom bergeron respect dancing with the stars, cat deally, so you think you can dance, phil cogan, amazing race, jeff proebs, survivor, and ryan seacrest, "american idol." >> here are this year's nomnys for reality competition program. the amazing race, "american idol," danci"dancing with the s" project run way, so y
was former utah governor jon huntsman, the most moderate of the candidates vying for the anti-romney vote. huntsman has already ruled out competing in iowa and understands new hampshire is a must-win state. >> it is absolutely central to victory. this is a state you must win. >> reporter: in iowa, which votes first in a presidential contest, candidates were fighting for the social conservative vote. there were long shots newt gingrich and rick santorum. as well as tea party sensation michele bachmann. a recent poll has the minnesota congresswoman in a statistical dead heat with romney while gingrich and santorum barely made a dent in the single digits. tim pawlenty also polled poorly there. he raised a disappointing $4.2 million this quarter and has had no public event over the holiday weekend. but those in the bottom half of the poll can take comfort in the fact that the early polls don't tell us that much. this time four years ago mike huckabee was way down at 4% right where rick santorum is today. huckabee ended up winning iowa. >> jan crawford in washington this morning, thanks. >>> j
Search Results 0 to 27 of about 28 (some duplicates have been removed)